GRAPEVINE, TEXAS–Companies facing a rating evaluation should work to ensure that no surprises or mysteries face the analysts examining them, insurance industry professionals advised at a meeting here.
The comments came at the National Association of Mutual Insurance Companies annual convention in Grapevine, Texas.
"Clear and consistent communication is critical," said Greg Heerde, an executive vice president with AON Re Services Inc. In those communications, he said, the company being evaluated should take the lead.
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